Event Planner Puerto Rico
Case Overview
Reason: Operating Expenses
Funding Amount: $40,000
Approval: $40,000
Industry: Hospitality
Use of Funds: Working Capital
Program Type: Working Capital
The Story
Este es Blake Fiorito, uno de nuestros asesores aquí en Capital Infusion, se sienta con nosotros para hablar sobre un negocio de planificación de eventos recientemente financiado en Puerto Rico. Blake detalla cómo conoció al cliente por primera vez y qué le hizo volver a él cuando necesitó financiación más adelante.
Blake explica qué financiación buscaba el cliente, cómo pudo ayudarlo, el razonamiento detrás de sus decisiones y con qué rapidez consiguió la financiación.
The Details
The Client
Event planner based in Puerto Rico, specializing in weddings.
Has worked with Capital Infusion twice.
Operates in a market where Capital Infusion is relatively new but expanding.
The Situation
First time: Needed quick capital to cover upcoming events that same month.
Already had a loan with another lender in Puerto Rico.
Second time (5 months later): Returned for more capital, longer terms, and lower weekly payments.
The Solution
First deal:
Offered a larger funding amount.
Allowed the client to pay off the balance with the previous lender.
Consolidated into one payment with Capital Infusion, simplifying his finances.
Second deal:
Provided a refinance with a higher amount.
Extended the repayment term and reduced weekly payments.
The client received the deposit within hours and was very satisfied with the speed.
The client left a positive review on Trustpilot and remains a loyal customer.